July 08, 2022
Maori authorities up sales 4.7%
The value of sales by Māori authorities was up 4.7 percent in the March quarter compared with a year ago, according to new data from Statistics New Zealand.
The $40 million increase took the total value of sales to $906 million.
That includes exports worth $186 million, around 35 percent of which was to China.
Māori authorities are defined as businesses that receive, manage, and/or administer assets held in common ownership by iwi and Māori.
There are 1,454 such Māori authorities and subsidiaries in the database, employing 11.560 people.
The total value of purchases by Māori authorities in the quarter was $669 million, up $106 million or 18.7 percent in 2021.